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Dec 9, 2012
12/12
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FOXNEWS
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they're taking to the streets to protest budgets cuts and plans to privatize hospitals in spain. thousands of demonstrators marched through madrid. critics say it would dismental spain's healthcare system but the government says cuts are necessary to secure health services during the recession. >>> the countdown continues. at this point there's just over three weeks until our nation potentially tumbles over what we call the fiscal cliff. john boehner says there's been no real progress in the negotiations between the white house and lawmakers on capitol hill. now he's accusing president obama of dragging his feet as the deadline looms. is more of the same in store for the week ahead? joining us, managing edit for of the hill. >> good morning. >> we talk about this happening and going over the cliff. speaker boehner accuses the white house of dragging its feet. >> president obama offered a proposal, republicans didn't like that plan. now the g.o.p. has countered. so the ball is in the white house's court and that's what republicans are basically waiting for. but i don't see -- i do
they're taking to the streets to protest budgets cuts and plans to privatize hospitals in spain. thousands of demonstrators marched through madrid. critics say it would dismental spain's healthcare system but the government says cuts are necessary to secure health services during the recession. >>> the countdown continues. at this point there's just over three weeks until our nation potentially tumbles over what we call the fiscal cliff. john boehner says there's been no real progress...
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austerity this is this is what we're seeing happen in europe what we're seeing happen in greece and spain and in the u.k. where they didn't pass any stimulus packages like the one you were just talking about and their unemployment rates are significant about their g.d.p. or. higher their g.d.p. growth is significantly lower there in recession after recession republicans just not paying attention even some democrats not paying attention to what's going on across across the pond there i would suggest to you that republicans are paying attention to a lot of things and where they're bracing austerity which is clarity and to not work this and you austerity would be a good let's zero out the pell grants let's cut back subsidies on amtrak let's pare back some of the some of the so then do these federal workers pay let's cut. to not only rich rate is limited to realize your obligation not only there but even though the federal civilian employees pay has been quote frozen unquote the step increases are still in place that there are there are civilian employees who are making more than they did fou
austerity this is this is what we're seeing happen in europe what we're seeing happen in greece and spain and in the u.k. where they didn't pass any stimulus packages like the one you were just talking about and their unemployment rates are significant about their g.d.p. or. higher their g.d.p. growth is significantly lower there in recession after recession republicans just not paying attention even some democrats not paying attention to what's going on across across the pond there i would...
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Dec 1, 2012
12/12
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CNBC
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youth unemployment in spain is 55%. there is not a good reason to own spanish bonds here. [ overlapping speakers ] >> last time we were on together you were saying the world was going to end because greece was going to default and leave the euro. it's all over. europe's fine. just give it a break. that was last year's story. [ overlapping speakers ] >> europe is not fine. spain is in significantly worse position. they've taken on more debt into deteriorating economy. you tell me how that translates to this has all been fixed and this is all solved. it's not solved at all. [ overlapping speakers ] >> spain has about the same debt to gdp ratio as germany. that good enough for you? >> [ overlapping speakers ] >> hang on, fellows. let's not get hung up on spain. what i want to come back to is the usa. because our market has not collapsed, it's really different than it looks like it was back in 2011. i just want to ask, is it better to own those low-rate bonds right now? or jim la camp, i want you both to weigh in quickly. i
youth unemployment in spain is 55%. there is not a good reason to own spanish bonds here. [ overlapping speakers ] >> last time we were on together you were saying the world was going to end because greece was going to default and leave the euro. it's all over. europe's fine. just give it a break. that was last year's story. [ overlapping speakers ] >> europe is not fine. spain is in significantly worse position. they've taken on more debt into deteriorating economy. you tell me how...
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Dec 10, 2012
12/12
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KRON
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. >>> rescue in spain when a paraglider got stuck on a power line hundreds of feet above the ground as you can see. dangling there for hours as rescuers worked to set him free. they used a crane and a cable to get him down. >>> at a mall in denver amis toot santa essentially a visit to santa is more especially. parents say being able to communicate with santa make as big impact on the kids. >>> and the bay area's favorite way to ring in the new year is always on kron. hosted by catherine heenan and gary radnich. new year's live. that is jumping too far ahead. >> what is the forecast for new years? partly cloudy skies -- no, i have no idea. >> christmas? that is far ahead. how about tomorrow? >> okay. i will try to do tomorrow. temperatures into the 60s for tomorrow. sunny skies. and i can do save days. -- do 7 days. let's try that. cá thursday early showers and cooler through the week. could be snow in the highest elevations of the bay area. >> that is it for us. have a good night everybody.
. >>> rescue in spain when a paraglider got stuck on a power line hundreds of feet above the ground as you can see. dangling there for hours as rescuers worked to set him free. they used a crane and a cable to get him down. >>> at a mall in denver amis toot santa essentially a visit to santa is more especially. parents say being able to communicate with santa make as big impact on the kids. >>> and the bay area's favorite way to ring in the new year is always on kron....
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Dec 14, 2012
12/12
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KPIX
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in spain right now, though, they're also about vegetables, specifically -- >> carrots. carrots. >> reporter: carrots. the humble root which may determine whether kym marsh's theater in the town near barcelona lives or dies and a lot of others too. why? because the spanish government has recently just about tripled the sales tax on theater tickets and kym fears that no one would ever fill these seats, until he made a discovery whiles out shopping. the tax on carrots is 4%. >> 4%, yes. >> reporter: the tax on theater tickets -- >> 21%. >> reporter: 21%. kym marsh did the math. food for the body, 4% tax. food for the soul, 21%. there had to be a way to bridge the gap. there was. kym doesn't sell tickets now. he sells carrots, expensive ones. >> 15 euros, one carrot. >> 15 euros, one carrot. >> yes >> 17 bucks for the carrot, you get the ticket for free. >> free. >> reporter: for every carrot you buy, you get a free ticket. >> okay. see? >> reporter: it's not really a laughing matter. theaters, movie houses around the country are all being hit by the new tax and are looking
in spain right now, though, they're also about vegetables, specifically -- >> carrots. carrots. >> reporter: carrots. the humble root which may determine whether kym marsh's theater in the town near barcelona lives or dies and a lot of others too. why? because the spanish government has recently just about tripled the sales tax on theater tickets and kym fears that no one would ever fill these seats, until he made a discovery whiles out shopping. the tax on carrots is 4%. >>...
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Dec 28, 2012
12/12
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CNBC
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. >> what's your view on spain? the country managed to avoid bailout so far, but will not meet its deficit target for the full year. do you think spain should be given more time? >> well, first of all, i think that, again, spain is going in the right direction. when you look at the current account, the deficit, you see that it had been diminished massively since the peak that they had in 2008, 2009. and, you know, as a very short summing up, it's been divided by more than five, though it's very, very encouraging. on the other hand, you have unit labor costs which have been diminishing quite a lot and the exports of spain are very dynamic today. so it also demonstrates that hard work is being done. it's difficult. it's tough, but going in the right direction. i trust that the global observers are observing progressively and the adjustment is proceed. in spain and in all the countries that are under adjustment. >> now, lonmin's ceo ian farmer is stepping down while being treated for a serious illness after being first
. >> what's your view on spain? the country managed to avoid bailout so far, but will not meet its deficit target for the full year. do you think spain should be given more time? >> well, first of all, i think that, again, spain is going in the right direction. when you look at the current account, the deficit, you see that it had been diminished massively since the peak that they had in 2008, 2009. and, you know, as a very short summing up, it's been divided by more than five,...
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Dec 24, 2012
12/12
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FBC
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adam: i lived in spain a long time ago. i guess you realize you don't paying it at the time but things are more expensive. david: thank you, gang. thank you very much. thanks to the company. thanks to you for watching. now here are dagen and dennis. hi, gang. dagen: merry christmas. love to your family. david: thank you. same to yours. dagen: i'm dagen mcdowell everybody. dennis: i'm dennis neal -- kneale. dagen: is it the fiscal cliff fears that have shoppers down this season? retailers are reporting slowing sales over the last couple of weeks. dennis: a woman fired for being too attractive and a supreme court says it is legal. dagen: i will bite my tongue because it is the top of the hour and stocks now and every 15 minutes. nicole petallides at the new york stock exchange. hey nicole. nicole: i look forward to hearing more about that particular story as i watch the stock market here, i do see the dow is down about 1/3 of 1%. majority of the dow components are lower. it is december 24th. there are kids running around here
adam: i lived in spain a long time ago. i guess you realize you don't paying it at the time but things are more expensive. david: thank you, gang. thank you very much. thanks to the company. thanks to you for watching. now here are dagen and dennis. hi, gang. dagen: merry christmas. love to your family. david: thank you. same to yours. dagen: i'm dagen mcdowell everybody. dennis: i'm dennis neal -- kneale. dagen: is it the fiscal cliff fears that have shoppers down this season? retailers are...
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Dec 21, 2012
12/12
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MSNBCW
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impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> if you were lucky enough to pick up an la times tonight. you found this. a conservative case for a ban. i was fascinated of course and i grabbed it to read it by larry al llen burns. i had no idea who he was until i read the first sentence which as was kwis quite a grabber. last month i sentenced jar odloughner for his shooting rampage in tucson. judges do not have his kind of communication with the public. so i knew i was holding something extra informatiordina hands when i read this. i knew i was going to hand it over to his judge to make this conservative case as he puts it for a ban. he says that tragedy left six people. t
impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> if you were lucky enough...
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Dec 3, 2012
12/12
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CNBC
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spain has been doing okay. for as long as i can continue, there isn't really any prospecs of spain asking for help. but i think the market knows that if spain does ask for help, there's always the back stop of the omt and that's why spain is doing what it's doing. so so far so good. >> starting to get ahead of a heavy 2013 program. will that throw out problems? >> i think they're pursuing the right strategy. the big difference on this front between italy and spain is that italy has a big fall in redemptions next year when it takes off pressure for sly flex year. spain has the opposite problems, a rise next year. so it's technically done for this year and the reason it's funding is to take some of the pain away from next year. and again these options get done and it isn't a big drama. they do have to get digested. but the primary dealers do take the bontds down and i'll expect no difference different on wednesday. >> so for the moment, no pressure relatively speaking. and yet we're now looking at the downgrades
spain has been doing okay. for as long as i can continue, there isn't really any prospecs of spain asking for help. but i think the market knows that if spain does ask for help, there's always the back stop of the omt and that's why spain is doing what it's doing. so so far so good. >> starting to get ahead of a heavy 2013 program. will that throw out problems? >> i think they're pursuing the right strategy. the big difference on this front between italy and spain is that italy has...
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Dec 18, 2012
12/12
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CNBC
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we're seeing spain and italy yields falling 5.4% or just under that level in spain. gilt in particular, if you look at the 1.92% level, this on the back of the inflation report which showed cpi up 2.7% year on year. forex, the euro/dollar was stronger earlier. we're seeing just a little bit to the up side. not too far off the 1.32 mark which is extraordinary. the sterling moving to a multi month high. 1.62. it's just over that level this morning, up .1%. >>> now, spain will keep a quick look -- take a quick look at the results from italy in this debt auction. we've got basically an offering of short-term bills, three month and six-month bills. the yields on that are still coming through. looks as though spain has sold about 11.5 billion in the three months and just shy of 2 billion in the six-month paper. the bid to cover ratios for both, let's see, at least the six month moving higher on the three month and more importantly, the yield on the three month. 1.373 versus 1% the last time around. still waiting on the yield for this six month. while we wait for that to co
we're seeing spain and italy yields falling 5.4% or just under that level in spain. gilt in particular, if you look at the 1.92% level, this on the back of the inflation report which showed cpi up 2.7% year on year. forex, the euro/dollar was stronger earlier. we're seeing just a little bit to the up side. not too far off the 1.32 mark which is extraordinary. the sterling moving to a multi month high. 1.62. it's just over that level this morning, up .1%. >>> now, spain will keep a...
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110
Dec 10, 2012
12/12
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FBC
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eye 110
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impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a colex, gbal economy. it's just one reason over 75% of our mutuafunds beat their 10-year lipper average. t. ro price. invest with condence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> i'm adam shapiro is your fox business brave. stocks continue to drift between gains and losses. investors continue to focus their attention on washington and the fiscal cliff negotiations. right now the dow was up 34 points. the justice department antitrust division is a record amount of criminal fines this year handing out more than $1.1 billion in penalties. the doj confirmed the ddta provided exclusively to fox business. the jerseys can industry suffered the biggest drop thanks to superstar sandy. atlantic city's casino revenue slipped nearly 28%. each of the city's 12 casinos reported declines with for down for a month. we continue o
impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a colex, gbal economy. it's just one reason over 75% of our mutuafunds beat their 10-year lipper average. t. ro price. invest with condence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> i'm adam shapiro is your fox business...
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Dec 10, 2012
12/12
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CNBC
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the ibex 35 in spain, down almost 1.5%. we can take a quick look there.f investors are rotating out of the periphery. italy and spain, moving higher. bund is below 1.3% as a result. italian shares are trading lower. banks stocks particularly hard hit on the back of political uncertainty generated by mario monte's position to resign from his post as prime minister. his departure is likely to lead to an early election in february. monte's predecessor has announced his attention intengz to return to office. sylvia berlusconi says he'll seek a fifth term as italian premier. carolin is following this situation from rome. how likely is it that we see berlusconi return to politics next year? >> kelly, you know what? it's pretty unlikely. if you look at the latest polls, his pdl party, which is deeply fragmented, is trailing the biggest party, the pd party, but around 16%. it's going to be very, very tough. not even impossible for him to close that gap over the next two months. but i want to continue the discussion about what monti
the ibex 35 in spain, down almost 1.5%. we can take a quick look there.f investors are rotating out of the periphery. italy and spain, moving higher. bund is below 1.3% as a result. italian shares are trading lower. banks stocks particularly hard hit on the back of political uncertainty generated by mario monte's position to resign from his post as prime minister. his departure is likely to lead to an early election in february. monte's predecessor has announced his attention intengz to return...
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Dec 13, 2012
12/12
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CNBC
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spain, this will be a good proxy for now. we'll get the ten year for italy in just a second. 35.34% is the level there. u.s. benefiting from fund flows well. choppy trade across the picture here. let's look at the italian curve before we get the results later today. we are seeing green across the board, so yields dipping before that probably has more to do with the political rhetoric we're seeing especially coming from berlusconi. under 4.6% for the ten-year and on the short and two, a bit of a rally. finally, let's close taking a look at the forex. euro/dollar is weaker. and it's holding just above 1.30. and the dollar/yen, this is the one sixuan mentioned to watch. heading into japanese elections, stocks outperform adding oots .1% to 83.35 this morning. >>> south korea's central bank may be worried about factors in the economy, but the dok says the economy is stronger than it used to be. more on that next. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way t
spain, this will be a good proxy for now. we'll get the ten year for italy in just a second. 35.34% is the level there. u.s. benefiting from fund flows well. choppy trade across the picture here. let's look at the italian curve before we get the results later today. we are seeing green across the board, so yields dipping before that probably has more to do with the political rhetoric we're seeing especially coming from berlusconi. under 4.6% for the ten-year and on the short and two, a bit of a...
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if you look at debt, much higher than many countries in the euro zone, including spain, germany, france. yet, the united states of america is able to borrow at the lowest rate in pretty much its whole recorded history. so you have a very, very diverse landscape at the moment, but certainly one that could be significantly improved, or worsened by the situation that we have concerning the fiscal cliff, the fiscal deficit and the debt of the country, which are three topics that can be addressed now on the comprehensive and efficient fashion. >> in the fiscal cliff negotiation. so what should this mean? because i think i could interpret any given number to say, oh, that means we shouldn't touch taxes for the upper brackets because the economy still needs as much money as it can have in it. or i could argue, oh, this means that we need more stimulus to keep the jobs going, or i could look at the debt and say, oh, this means we need to cut spending. so what does it mean? so what would you, and what globally, what would mean the most for the u.s. to do in terms of the global economy? >> you kn
if you look at debt, much higher than many countries in the euro zone, including spain, germany, france. yet, the united states of america is able to borrow at the lowest rate in pretty much its whole recorded history. so you have a very, very diverse landscape at the moment, but certainly one that could be significantly improved, or worsened by the situation that we have concerning the fiscal cliff, the fiscal deficit and the debt of the country, which are three topics that can be addressed...
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Dec 8, 2012
12/12
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CNBC
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if you look at what happened and what's happening in britain and spain and elsewhere, they have embarked upon deficit reduction. and what that has done is contract their economies when they still have very high unemployment, very high under utilization of a lot of resources that. means that their ratio of their debts to their total economies keeps on getting worse. if you want that kind of economy, that kind of austerity economics, well then what you want to do is raise taxes on the middle class and also cut government spending. if you don't you don't go that way. and casey, with all due respect, there are three people looking for jobs for every job opening these days. i don't see how you can say that they're being paid for not getting jobs. >> casey, why don't we put some incentives into this economy? why don't we make it pay to work after taxes? why don't we make it pay more to invest after tax? while we're doing that, casey, why don't we shrink the size and scope of government so that the private sector can keep its own resources and spend up more wisely than the government will? >> w
if you look at what happened and what's happening in britain and spain and elsewhere, they have embarked upon deficit reduction. and what that has done is contract their economies when they still have very high unemployment, very high under utilization of a lot of resources that. means that their ratio of their debts to their total economies keeps on getting worse. if you want that kind of economy, that kind of austerity economics, well then what you want to do is raise taxes on the middle...
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Dec 27, 2012
12/12
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CNBC
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italy and spain, we're seeing the ten year at 4.5%. spain, 5.29 the%. yesterday we saw a bit of a comeback, but it's forex where we're seeing moves. the euro/dollar adding .3%. so 1.327 68 is the level there. the dollar/yen rising closer to that 86 level this morning. here is a quick peek at what's on the agenda in the u.s. weekly jobless claims at 8:30 eastern. at 10:00 a.m., we'll get december consumer confidence. this is one to watch. analysts are looking for a reading of about 70, down four points from last month. at 10:00, it's new home sales. now, the latest report says this holiday season has been the worst for u.s. retailers since the beginning of the financial crisis. we'll walk through those figures and the impact for retailers when we come back. >>> there are frustrations in markets that politicians haven't taken advantage of the breathing space that the extraordinary measures have afforded them. that view was shared by former ecb chief jean-claude trichet who has been speaking exclusively to cnbc. >> it's not new, of course, that the central
italy and spain, we're seeing the ten year at 4.5%. spain, 5.29 the%. yesterday we saw a bit of a comeback, but it's forex where we're seeing moves. the euro/dollar adding .3%. so 1.327 68 is the level there. the dollar/yen rising closer to that 86 level this morning. here is a quick peek at what's on the agenda in the u.s. weekly jobless claims at 8:30 eastern. at 10:00 a.m., we'll get december consumer confidence. this is one to watch. analysts are looking for a reading of about 70, down four...
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Dec 21, 2012
12/12
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CNBC
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5.3% for spain aren't bad considering. t thor row/dollar is weaker. most of the risk currencies are moving lower. euro/dollar down by .3%. sterling is weaker against the dollar. we're seeing the dollar generally up. the dollar/yen here up .4% for the yen. so we've seen some significant weakening as the bank of japan trying to combat deflation. but today, a pause in that move. joining us now with plenty more on the asian trade, diedra. >> it's not the end of the world, but it is pretty ugly out here in asia. markets were headed towards some gains today and then all of a sudden we did get that fiscal cliff set back. the nikkei 225 dropping a percent. you can see the dollar/yen hovering around 84. we were lower earlier on. this in south korea, the kospi shedding about 1%, as well. blame the politicians for their fiscal cliff negotiations or lack thereof. samsung electronics slumped 4%. it's that ongoing spat between samsung and apple. that weighed heavily on the kospi. now, in greater china, also some losses. the shanghai com
5.3% for spain aren't bad considering. t thor row/dollar is weaker. most of the risk currencies are moving lower. euro/dollar down by .3%. sterling is weaker against the dollar. we're seeing the dollar generally up. the dollar/yen here up .4% for the yen. so we've seen some significant weakening as the bank of japan trying to combat deflation. but today, a pause in that move. joining us now with plenty more on the asian trade, diedra. >> it's not the end of the world, but it is pretty...
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Dec 13, 2012
12/12
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FOXNEWSW
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announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or
announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before...
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Dec 20, 2012
12/12
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FBC
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eye 116
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have moved on from blackberry and hard to get them back but we have seen recently markets like france, spain, brazil, where rim is losing a ton of market share, it is really hard to get them back, it needs to be better thao anything else out there and the chances of actually being true are fairly slim. liz: lagging behind because some of us can't let go. [talking over each other] >> i have two phones, and i phone and blackberry. liz: can't let go. >> it works. when i travel abroad it works. don't have to see the bill, the phone works and e-mail works and by company pays for it. i still have one. liz: the perfect situation. mike, thank you so much. a lot of information. liz: happy holidays. senator harry reid calls today's house speaker of the bonds john boehner's plan be a pointless political stunt. why is there a vote today? is happening. fox business will cover it wall-to-wall. what will happen next? live in d.c. with the latest. liz: live outside with an rv. remember that? randy quaid, winnebago to be exact, this is better than randy quaid, demand is strong, the company raising output, st
have moved on from blackberry and hard to get them back but we have seen recently markets like france, spain, brazil, where rim is losing a ton of market share, it is really hard to get them back, it needs to be better thao anything else out there and the chances of actually being true are fairly slim. liz: lagging behind because some of us can't let go. [talking over each other] >> i have two phones, and i phone and blackberry. liz: can't let go. >> it works. when i travel abroad...
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back, literally, we had to baja, the bp oil spill, nuclear meltdown, debt downgrades, greece, italy, spain, foreclosures, student loans, how many things do we have to get fearful about before we start to believe in this economy? it is not booming. i am not saying it is perfect, not saying it is 1980s again, is not but is growing 2% per year, maybe 2.2, two.three, and it keeps growing. we have not had a recession since march of 2009. >> it is media granddad as almost people feel. if we take the consumer back and put them in the jobs report we did see the number of hours increase as did wages. what do you make of that? does that give you hope? >> it does. if you look at car sales in november, automobile sales, fifteen million vehicles were sold in november. highest since december of 2007. that weakness we saw in cars and auto sales in october and retail sales, i think because of sandy it is going to be over. november and december will be great month for the consumer. i do have hope. i don't think we're going to boom. we won't grow 4% we will grow between 2% and 3% real growth next year in 20
back, literally, we had to baja, the bp oil spill, nuclear meltdown, debt downgrades, greece, italy, spain, foreclosures, student loans, how many things do we have to get fearful about before we start to believe in this economy? it is not booming. i am not saying it is perfect, not saying it is 1980s again, is not but is growing 2% per year, maybe 2.2, two.three, and it keeps growing. we have not had a recession since march of 2009. >> it is media granddad as almost people feel. if we...
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Dec 20, 2012
12/12
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impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you hav
impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. he's going to apply testosterone to...
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Dec 9, 2012
12/12
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beautiful picture of someone riding a horse through a village in spain in honor of the patron saint of animals. this figure here -- this one absolutely striking, stunning photo, gabby giffords hugging the house cloak room attendant when gabby was resigning officially from senate. this is a tibetan monk who was in exile setting himself on fire in protest. let's just show you one more here, here's a rescue worker carrying a child in china after some earthquakes that had occurred back to back right there. now these are just some of what you can see on cnn.com as we look back at 2012. another spread we have got for you right here, and these are some of the best sports photos of the year, and i won't give you the stories behind them, because i'm going to consider this a tease to push you to the web. a chance to vote on the most intriguing person of the year. we have got some interesting choices up here. some of the kind of obvious people, like chris christie, you can pick any face, you can drag it over, say which ones you think are most intriguing. you've also got gabby douglas, david petra
beautiful picture of someone riding a horse through a village in spain in honor of the patron saint of animals. this figure here -- this one absolutely striking, stunning photo, gabby giffords hugging the house cloak room attendant when gabby was resigning officially from senate. this is a tibetan monk who was in exile setting himself on fire in protest. let's just show you one more here, here's a rescue worker carrying a child in china after some earthquakes that had occurred back to back...
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Dec 6, 2012
12/12
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spain will have 4% stake. which means european government will no longer have their say in running the company. apart from strategy differences, they will no longer be able to name board members and they won't have veto rights anymore on commercial decisions. but the new government rules won't take effect up mid 2013 at the earliest because the shareholders will immediate to vote on that new governance and share holding structure. for the french government, it currently has 15% stake, so basically it will put a part of his stake in a trust fund and will have to give up the voting rights. held have to buy 12% from daimler. and they've decided to sell 7.5%. 61 million shares. it's been announced just a few minutes ago. >> has anybody spoken to angela merkel to see whether she's happy with this? >> apparently both governments say they're happy with this decision. but -- >> after the last time when they didn't bother to check with the german chancellor and assured us that it was all fine. i just wonder if that's d
spain will have 4% stake. which means european government will no longer have their say in running the company. apart from strategy differences, they will no longer be able to name board members and they won't have veto rights anymore on commercial decisions. but the new government rules won't take effect up mid 2013 at the earliest because the shareholders will immediate to vote on that new governance and share holding structure. for the french government, it currently has 15% stake, so...
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Dec 31, 2012
12/12
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announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> this is a live television feed from inside the white house. we are told the president will address the country shortly on the fiscal cliff. as we await what will be presumably a market address, let's start shuffling through where we are in a moment. we kick off with mary thompson on the floor of the new york stock exchange. mary? >> john harwood has been reporting throughout the morning and gifting lift throughout the day, the dow off 54 points and we are seeing gains in material stocks and also tech stocks getting a nice bid into today's session. you can see the gyrations in the broader mark
announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before...
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Dec 5, 2012
12/12
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so spain trying to get ahead of game. big issuance and redemptions next year. >>> in india, we're expecting a big battered parliament for retail reforms. the latest from new delhi. what kind of battle is it going to be? >> it's going to be a tough battle for the government here as it tries to push forward. currently we've got a heated discussion in the lower house of parliament. this matter will have to be discussed, debated and voted on in both houses of parliament. as for india's foreign exchange management rules, this will need to be cleared by both houses of parliament before it becomes the law of the land. as of now, all our political sources seem to indicate that the government is safe when it comes to the numbers in the lower house of parliament, but it's looking uncertain and shaky when it comes to the register but for the upper house of parliament. most political parties who are in opposition have stridently opposed retail saying it will kill the small retailer in india, it's going to be aunt consum -- anti-consu
so spain trying to get ahead of game. big issuance and redemptions next year. >>> in india, we're expecting a big battered parliament for retail reforms. the latest from new delhi. what kind of battle is it going to be? >> it's going to be a tough battle for the government here as it tries to push forward. currently we've got a heated discussion in the lower house of parliament. this matter will have to be discussed, debated and voted on in both houses of parliament. as for...
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Dec 5, 2012
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we look at spain and portugal, get your act together, shake out of it. what is the world thinking when they look at us, a manmade challenge, the fiscal cliff, and they have really been screwing around with this thing. what do they think of us? >> they look at us and they think that we are going to work it out. >> to put it differently, they can't believe that we will screw up? >> exactly. they are kind of thinking the debt ceiling debate. they are not following this hour to hour like we are and they remember the last time we were in a situation -- >> but last time we got downgraded from a good bond rating to a -- >> that's true. but people are being looking at us figuring those craziest americans will work it out at the last minute. >> what will they say if we get to january 3rd or after the new year and didn't? >> i think they will be rudely surprised and it's my hope towards later december we'll -- >> i agree with that. i think it's the president's job to show the slow learners that this is real business. if you know what is going to happen in january
we look at spain and portugal, get your act together, shake out of it. what is the world thinking when they look at us, a manmade challenge, the fiscal cliff, and they have really been screwing around with this thing. what do they think of us? >> they look at us and they think that we are going to work it out. >> to put it differently, they can't believe that we will screw up? >> exactly. they are kind of thinking the debt ceiling debate. they are not following this hour to...
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Dec 4, 2012
12/12
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are going to do this thing, it is more important to make all the fiscal cuts them back as greece and spain know, when people do not trust your debt, weak issue too much debt. if everyone heads to the door like china and other is, our debt is really going to go up. host: should the raising of the debt ceiling be tied to these overall conversations or is that too dangerous? you talk about people shied away from your debt. caller: yes. you are going to have a tipping point that people are blind to. since 1847 with popular delusions and the madness of crowds when you get a contagion in there, you do not know what is going to be. people are going to run for the door. it is just stupid. they should have done the tax cuts first and then see if they need to raise taxes. the more sound policy is to cut some savings first to even see if we have to raise taxes. host: here is the statement put out by the white house yesterday. it actually promises to lower rates for the wealthy and sticks the middle class with the bell. bill. susan in pennsylvania, a democratic caller. welcome to the conversation. cal
are going to do this thing, it is more important to make all the fiscal cuts them back as greece and spain know, when people do not trust your debt, weak issue too much debt. if everyone heads to the door like china and other is, our debt is really going to go up. host: should the raising of the debt ceiling be tied to these overall conversations or is that too dangerous? you talk about people shied away from your debt. caller: yes. you are going to have a tipping point that people are blind...
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Dec 1, 2012
12/12
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. >> put us on a very slippery slope towards the plight of greece and spain and others who basically don't have that check. this whole notion of unlimited credit card is just pure poppycock and it's something that only can be dreamed of as a fiscally responsible thing in washington, d.c. >> but, you know, you still have a process and procedure in terms of the budget where the president proposes a budget and congress is playing a much more significant role in that process. when the time at which the idea of, you know, approving the debt ceiling was when congress was playing less of a role in the budget process. congress is far more engaged in that process. so, i don't think this is about going the way of greece or spain as much as it is, you know, people like to hold on to as much power as long as they think they can. >> karen -- >> ken, take a listen to what tom cole said earlier this week on taxes. take a listen to this. >> in my view we all agree that we are not going to raise taxes on people who make less than $250,000. we should take them out of this discussion right now. >> did
. >> put us on a very slippery slope towards the plight of greece and spain and others who basically don't have that check. this whole notion of unlimited credit card is just pure poppycock and it's something that only can be dreamed of as a fiscally responsible thing in washington, d.c. >> but, you know, you still have a process and procedure in terms of the budget where the president proposes a budget and congress is playing a much more significant role in that process. when the...
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Dec 31, 2012
12/12
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announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> secretary of state hillary clinton remains hospitalized this evening at new york presbyterian hospital. state department spokesperson phillip ray na said that doctors found that clot sunday during a follow-up exam. secretary clinton had fainted and fallen earlier this month as a result of severe dehydration from a stomach flu. she is being treated with anti-co-ing a lantz to resolve the clot which was found in her head. with us to discuss the case, nbc news chief science and health correspondent bob bazell. good to see you, bob. when we talked last night, what you said was we were missing a c
announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before...
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Dec 11, 2012
12/12
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FBC
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you have negative growth, a recession in spain and italy this year. you also have negative growth in greece. there's only so much you can have of negative growth across the continent of europe before impact spending patterns across the world. there are positives out there but we have to be focused on the fact that these problems are not going to go away. one of every four people in spain are unemployed and under the age of 25. fifty-six% to not have a job. that is a major rest of the for disaster and the math does not work. if you try to fix a problem with negative growth and nobody working. dennis: a lesson here. one last note on the fed. what is your concern there? >> pretty simple. the fed has raised the credit market. yield and price are not real. they are buying up trillions of dollars of these bonds and i'm worried about the day when the market no longer listens to them. the market has not been bigger than the fed over the last few years. of the market gets bigger than the fed, look out. yields should be much higher than where they are and if we
you have negative growth, a recession in spain and italy this year. you also have negative growth in greece. there's only so much you can have of negative growth across the continent of europe before impact spending patterns across the world. there are positives out there but we have to be focused on the fact that these problems are not going to go away. one of every four people in spain are unemployed and under the age of 25. fifty-six% to not have a job. that is a major rest of the for...
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Dec 10, 2012
12/12
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spain down also. mario monti announcing he will resign as prime minister having lost the support of silvio berlusconi's majority in parliament. so how bad is the political crisis? well, the sort of analysis we're getting out at the moment, certainly from jpmorgan, saying concerns may be overdone at this stage. you know, mario manatee may declare himself as a candidate for that earlier election. he could align himself with a later party and he could come back in some form of coalition. if not, people are saying look, the leader is also pro-austerity. silvio berlusconi is not going to end up running italy. i think perhaps a bigger issue at this stage, and this is from deutsche bank whether the virtual intervention we've had, the ecb saying we will intervene if we have to, may now be wearing a little bit thin. there is a knee-jerk reaction. the italian banks, they're all down. they're clogging up the bottom of the stock 600 in europe. so the banks have fallen. some of the industrials have also been marke
spain down also. mario monti announcing he will resign as prime minister having lost the support of silvio berlusconi's majority in parliament. so how bad is the political crisis? well, the sort of analysis we're getting out at the moment, certainly from jpmorgan, saying concerns may be overdone at this stage. you know, mario manatee may declare himself as a candidate for that earlier election. he could align himself with a later party and he could come back in some form of coalition. if not,...
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Dec 18, 2012
12/12
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and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperform just as it did last time. >> private equity firm server said it will sell the firearms conglomerate. is private equity talking about guns in the country. >> futures moving higher on optimism. the white house republicans rising above partisanship, getting closer to striking a deal on the fiscal cliff. we have the latest on not just the breakdown of this offer, but by the response of some key senators this morning. good mo
and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once...
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Dec 6, 2012
12/12
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impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens.
impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. a new way to save on your...
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Dec 6, 2012
12/12
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MSNBC
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we look at spain and portugal and ireland even, get your act together. you know the problem. shake out of it. what's the world thinking when they look at us? setting up the fiscal cliff, a man-made challenge, what do they think of us? >> actually, they look at us and think we're going to work it out. >> to put it differently, they can't believe we will screw up. >> they're kind of thinking about the debt ceiling debate. they're not following this like we are. and they remember the last time we were in a situation. >> last time we got downgraded. >> it didn't seem to have much economic impact. people are just looking at us figure, oh, you know those crazy americans, they'll work it out at the last minute. >> what will they say if they get up january 2nd or 3rd after the new year and see we didn't work it out. >> it's my hope, towards later december, we'll actually have -- i want to convince people on the right, i think it's the president's job to convince the slower learners on the republican side that this is serious business. and we have a deal now, as if you know what's goi
we look at spain and portugal and ireland even, get your act together. you know the problem. shake out of it. what's the world thinking when they look at us? setting up the fiscal cliff, a man-made challenge, what do they think of us? >> actually, they look at us and think we're going to work it out. >> to put it differently, they can't believe we will screw up. >> they're kind of thinking about the debt ceiling debate. they're not following this like we are. and they remember...
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Dec 17, 2012
12/12
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CNBC
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. >> spain? >> for sure. >> when? >> probably in the second quarter. >> that's an interesting idea, all at once. david owens from jeffries, thank you so much for stopping by. >>> straight ahead, economic policies for next year and what is in store for markets if it mean slower, short-term growth? can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground at fedex of. >>> shinzo abe wastes no time on calling on the bank of japan to ease interest rates. >>> get a little, give a little. reports say john boehner may be willing to raise the tax rates on the rich if president obama raises the cuts. >>> and corporate news weighs on sentiment in europe. kpn shares fall as the dutch telecom group scraps the divide dividend. >>> okay. we're into new trading week here. the xetra dax and the french marke
. >> spain? >> for sure. >> when? >> probably in the second quarter. >> that's an interesting idea, all at once. david owens from jeffries, thank you so much for stopping by. >>> straight ahead, economic policies for next year and what is in store for markets if it mean slower, short-term growth? can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you...
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Dec 5, 2012
12/12
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KRON
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italy scored 42, portugal scored 63 and spain 65. by comparison denmark and finland tied with new zealand at the top of the list with scores of 90, while the u.s. scored 73. >> more than 280 people are dead after a typhoon hit the philippines. dozens of others are missing. rescuers are struggling to reach remote areas in the southern philippines after a powerful typhoon slab into mindanao. the typhoon ripped up trees and houses with winds reaching their 110 mi. per hour. triggering mudslides and flash floods. >> we are tracking a storm. look at the bay bridge where there is heavy rain pouring down. >> the bay bridge and most of san francisco. looking at what is to come. this is not a tough ride just yet. storm tracker 4 will show you when the heaviest rain will come to your neighborhood. >> as we take a look heavy rain is on the way for oakland at 5:42 a.m.. piedmont will have heavy rain around 5:46 a.m. and 5:46 a.m. for alamo. it really just depends on where you are ahead. it is impacted ocean beach and the richmond district. we ca
italy scored 42, portugal scored 63 and spain 65. by comparison denmark and finland tied with new zealand at the top of the list with scores of 90, while the u.s. scored 73. >> more than 280 people are dead after a typhoon hit the philippines. dozens of others are missing. rescuers are struggling to reach remote areas in the southern philippines after a powerful typhoon slab into mindanao. the typhoon ripped up trees and houses with winds reaching their 110 mi. per hour. triggering...
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Dec 21, 2012
12/12
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FOXNEWSW
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impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? >> sean: this is a fox news alert. moments ago, the republican leadership was forced to pull speaker john boehner's plan off the house floor because they did n
impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. gives you 1% cash back on all...
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Dec 3, 2012
12/12
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MSNBCW
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textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. bp has paid overthe peo
textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you can stay in and share something... ♪ ♪ ...or you can get out there...
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Dec 12, 2012
12/12
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CNBC
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. >>> coming up in the program, spain's biggest export. an analyst who says shoppers are ready to spend. >>> and the vice president hugo chavez's cancer operation that was successful. heel be in miami to speak -- we'll be in miami to speak to an an lifted who talks about the transition of power. >>> plus, joined in studio by the ceo of japanese merchandising giant sanrio. what will the man in charge of -- yes -- hello kitty have to say about holiday spending? that's at 5:20 eastern. 11:20 central/european time. >>> u.s. budget talks have intensified. president obama and house speaker john boehner spoke by phone tuesday after exchanging new proposals. aides confirm the president gave boehner a revised offer on monday, reducing demand for new tax revenue from $1.6 trillion to $1.4 trillion over the next decade. boehner responded with a plan that largely sticks by his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal which it hasn't put on the table b
. >>> coming up in the program, spain's biggest export. an analyst who says shoppers are ready to spend. >>> and the vice president hugo chavez's cancer operation that was successful. heel be in miami to speak -- we'll be in miami to speak to an an lifted who talks about the transition of power. >>> plus, joined in studio by the ceo of japanese merchandising giant sanrio. what will the man in charge of -- yes -- hello kitty have to say about holiday spending? that's...
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Dec 20, 2012
12/12
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it's still going to be quite potent there in places like spain. but overall, as the western economies, it's likely to be a lesser force than it has been in the last couple of years. we also then have to consider what i'd call the tailwinds. most obvious about those is the monetary stimulus. we just had the news out today from the bank of japan. it's looking to get its purchases up to 101 trillion yep by tend of next year, up from 67 trillion yen at the moment. that's a vast expansion as we share with japanese gdp going from 14% to 21% from the end of this year t to end of next year. as well, we think the fed will be very aggressive by 85 billion dollars of securities a month until june and then it will fade out to substantial pace a month. so there's quite a lot of monetary stimulus coming there from the fed and the bank of japan particularly. that should be a positive environment for financial assets. financial assets, as well, being helped by the governance and the structural economic reform that are emerging by the way europe is taking more ste
it's still going to be quite potent there in places like spain. but overall, as the western economies, it's likely to be a lesser force than it has been in the last couple of years. we also then have to consider what i'd call the tailwinds. most obvious about those is the monetary stimulus. we just had the news out today from the bank of japan. it's looking to get its purchases up to 101 trillion yep by tend of next year, up from 67 trillion yen at the moment. that's a vast expansion as we...